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Europe: Shares kick-off June on a high note in anticipation of ECB rate cut
EUROPEAN shares rose for the third straight session on Monday (Jun 3), led by bond-proxy sectors, as investors looked to a near certain interest rate cut from the European...
ECB to start rate cuts but sticky inflation clouds path ahead
THE European Central Bank (ECB) is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a...
Gold posts fourth monthly rise on Fed rate cut hopes
GOLD prices eased on Friday (May 31) as investors digested US inflation report that was largely in line with estimates, although expectations that the Federal Reserve will cut interest...
Europe: Shares rise after US inflation data keeps Fed rate cut hopes alive
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal Reserve, while June rate cut bets for the...
ECB seen making fewer rate cuts in fight to curb inflation risks
Economists are dialling back their expectations for how far the European Central Bank (ECB) will lower interest rates after it starts cutting next week, according to a Bloomberg survey.Respondents...
Asia: Markets extend losses with Wall Street as rate hopes dim
ASIAN markets fell on Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts.The losses in...
Europe: Shares suffer worst day in over 6 weeks as rate jitters persist
EUROPEAN shares declined on Wednesday as worries that global interest rates will stay elevated for longer pushed bond yields higher, with fresh evidence of persistently high inflation in the region’s...
US: Wall St drops as rate worries push bond yields higher
Wall Street opened lower on Wednesday (May 29), with investors turning risk-averse as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields...
